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Article II, Section 2 of the U.S. Constitution:
Means Of Production
The physical, non-human inputs used for the production of economic value, such as factories, machines, and tools.
Circular Flow Model
Goods and services flow from business firms to households in exchange for consumer expenditures, while resources flow from households to business firms in exchange for resource payments.
Supply Products
The activity of making goods available to consumers, often involving manufacturing, distribution, and sale processes.
Demand Resources
The various inputs or factors that contribute to the demand side of the economy, influencing the quantity of goods and services demanded.
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